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Perkins Student Loans

Cassandra Said:

If you become a police officer, can your student loans be forgiven?

We Answered:

Depends on the state u live in, I've only heard that teachers can apply for that. In some states they will forgive all or part of the loan. In my state they need teachers and you can get $4 grand a year for up to 4 years. Found this on staffordloan.com

Under certain circumstances, the federal government will cancel all or part of an educational loan. This practice is called Loan Forgiveness. To qualify, you must:

* Perform volunteer work;
* Perform military service;
* Teach or practice medicine in certain types of communities; or,
* Meet other criteria specified by the forgiveness program.

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